CASH PAYMENT
This query is : Resolved
07 February 2011
I HAVE TO PAY TRANSPORTER CASH 40000 THOUSAND AS A FREIGHT .CAN I PAY IN ONE ENTRY. IS IT
JUSTIFY ACCORDING TO INCOME TAX LAW
JUSTIFY ACCORDING TO INCOME TAX LAW
07 February 2011
it will be disallowed u/s 40A(3) bufurcate the payment and book.
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